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By EquityPandit

ABBOTINDIAMARKET OUTLOOKSTOCK OUTLOOK

Abbott India Outlook for the Week (February 26, 2024 – March 01, 2024)

Abbott India
Abbott India
Abbott India closed the previous week on a negative note losing 3.62%.

Technically, Abbott India share price will see immediate support at 28,299.93 and immediate resistance would be seen at 29,372.73.

If Abbott India share price closes below immediate support of 28,299.93, then sharp breakdown can be seen. Abbott India share price will see major support at 27,892.07 for the week.

30000.0030000.0029500.0029500.0029000.0029000.0028500.0028500.0028000.0028000.0027500.0027500.0027000.0027000.0026500.0026500.0026000.0026000.0025500.0025500.0025000.0025000.0024500.0024500.00Jan 12Jan 12Jan 17Jan 17Jan 20Jan 20Jan 25Jan 25Jan 31Jan 31Feb 5Feb 5Feb 8Feb 8Feb 13Feb 13Feb 16Feb 16Feb 21Feb 21Reversal Level 29346.08BuySellSell

On the positive side, immediate resistance will be seen at 29,372.73. Closing above 29,372.73, Abbott India share price will see a sharp breakout. Major resistance for Abbott India share price will be seen at 30,037.67 for the week.

Trading range for Abbott India share price for this week should be between 27,227.13 on down side and 30,445.53 on up side.

Abbott India Previous Week High: 29629.8

Abbott India Previous Week Low: 28557

Abbott India Previous Week Range: 1072.8 Points

Abbott India share price support and resistance for the week (February 26, 2024 – March 01, 2024)

Level Type Value
Resistance 3 30,445.53
Resistance 2 30,037.67
Resistance 1 29,372.73
Support 1 28,299.93
Support 2 27,892.07
Support 3 27,227.13
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